Tim Banks says he has been “looking at some hotel concepts in the US and Canada for the Charlottetown marketplace” and he has “lined up some investors”. The reaction I get when I mention this to people today seems to range from disbelief that our market can support another hotel, to suggestions that Tim is dreaming and will never go through with it. I suspect if you told Tim it’s never going to happen, it will only make it more likely to happen. That just seems to be the way he rolls.
It’s encouraging that successful companies like APM and Homburg have the confidence in our city and tourism market to continue making large investments that appear, at least to the Average Joe, risky at best. I look forward to hearing more about Tim’s hotel plan when it arrives at City Hall but I don’t think, as apparently he is hoping, a roundabout driveway design will get him any special consideration.
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